25th Feb 2019 15:49
LONDON (Alliance News) - Midatech Pharma PLC on Monday said it raised GBP13.4 million in a placing, subscription and open offer of shares at 3.85 pence each.
Application has been made by the company to issue 348.2 million shares to be admitted to trading on AIM, of which 121.0 million issued via placing, 207.8 million via subscription and 19.5 million in the open offer.
Admission is expected on Tuesday, after which the firm will have 409.4 million shares in issue.
Midatech Pharma shares were trading up 1.9% at 4.08 pence each on Monday afternoon.
Related Shares:
MTPH.L